BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high
Green Car Congress
NOVEMBER 26, 2019
The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. Across all emerging markets surveyed, 2018 investment fell to $133 billion, lower than not just the 2017 total but the 2015 figure as well. But like trying to turn a massive oil tanker, it takes time.
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